GBOY vs Fartcoin

Fartcoin (FARTCOIN) is 272.9× the size of GBOY (GBOY) by market capitalisation. Over the past 30 days, GBOY is ahead by 15.8 percentage points (GBOY -0.9% against FARTCOIN -16.8%). Their daily returns move barely together (correlation 0.04 across 21 shared trading days). FARTCOIN has been the more volatile of the two, at 156% annualised against GBOY's 44%.

Correlation: 0.04
Size ratio: 1 : 272.9
Ahead over 30 days: GBOY

GBOYGBOY

$0.000654

24h: +0.02%
Market cap: $462,918
Volume 24h: $2
Volatility (ann.): 44%

FartcoinFARTCOIN

$0.126329

24h: +7.12%
Market cap: $126.34M
Volume 24h: $16.91M
Volatility (ann.): 156%

GBOY 0.4%Share of the two combined market caps99.6% FARTCOIN

Performance

GBOYFARTCOIN

7 days-1.50%-8.30%GBOY
30 days-0.94%-16.75%GBOY

Correlation

0.04over 21 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: insufficient data90d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	GBOY	FARTCOIN
Max drawdown (400d)	-9.3%	-46.0%
Risk-adjusted return (90d)	-0.02	-0.11

Relative strength over 90 days: GBOY outperformed FARTCOIN by 34.7% — measured on the GBOY/FARTCOIN ratio, so it holds regardless of market direction.

GBOY →Fartcoin →